There's no doubt that the financial ripoff the Jets as an organization get every home game can't go on. Woody Johnson invested serious cash in the team;within reason he deserves a solid return on his investment. Unless they somehow partner with the Jints for a fair dal in New Jersey(which apparenly won't happen), they have to get a new stadium in New York. The question then becomes what are the real costs? On one hand, you have the "DON'T DEVELOP ANYTHING" crowd idiots who oppose everything, and on the other, the rosy predictions from Woody Johnson and Bloomberg.
The problem I have is that the West Side site is right next to the Lincoln Tunnel, and the whole $500 million platform thing and subway extension make it ridiculously expensive. And that cost will be borne by taxpayers. The whole financing scheme isn't getting past anyone with a calculator. Building in Midtown is the most expensvie place to do so; cost overruns and delays are almost a given. And if the people pushing this are so willing to push that nonsense and not discuss the true costs to taxpayers, I find it hard to believe much else they have to say about their plan. This is the last part of Manhattan below 96th Street that isn't developed, but it's hardly a wasteland. Why should tax dollars be so spent if businesses and real estate interests could develop it just as economically viable without all this taxpayer money? There are studio apartments a few blocks to the south on West Street going for listed prices of $1.5 million. That's not blight.
Also, this convention stuff is crap; unless you can move NYC next to a beach, Disneyworld or open casinos, it isn't competing with San Diego, Orlando or Vegas. NYC is too expensive for most shows and isn't car friendly. Nobody is staying here for a week for their convention, if it comes here to begin with.
It seems that Johnson is fighting tooth&nail for a stadium that may never get built. The plans look beautiful, but there have been numerous plans that were sure things that never get built due to political oppostion. Meanwhile, he could do it in Queens and get cracking right now and still make a mint. And do so a great deal cheaper.
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Originally posted by Bugg@Sep 16 2004, 05:54 PM if the people pushing this are so willing to push that nonsense and not discuss the true costs to taxpayers, I find it hard to believe much else they have to say about their plan.
amen to that. it's what started me digging for info and turned my (mildly, w/o info) pro-stadium stance into a pretty strong anti-west side stadium opinion.
Good job Bugg - thats about as clear and consise and unbiased description of the concerns a few of us have here as NYC residents.
Nobody is "anti-stadium" per se. I think everyone is in agreement that it would be in the Jets best interests to have their own stadium in New York State.
Like you, I dont buy the convention argument. A bunch of yokels from the midwest would much rather go to a convention near casinos, Disney, or a beach than to come to big bad scary NYC, where they're lost at night. Sure, it may improve NYC's standing as a convention destination, but its not going to shoot us to the top of the list.
My biggest concern is the fuzzy math regarding the $$$. I have a general distrust since they havent come out with a whole lot of concrete info yet. As a taxpayer and a Jet fan, Im torn, but Im keeping an open mind. I guess I can always move to New Jersey by 2009 and not give a crap about NYC finances too :lol: